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The Government raised comprehensive subsidy for agricultural raw materials in order to support agricultural development
Fertilizer Investment Research Report Proposal
BOABC Focal Viewpoints
1. The prosperity index of the fertilizer industry was 47.3 in 2008, falling to 33.8 in Q4, hitting the bottom of 29.4 in Q1 2009, and 30.7 is expected for the whole year of 2009 and a rally to 39 in 2010. ( http://www.bharatbook.com/Market-Research-Reports/Fertilizer-Investment-Research-Report-Proposal.html )
2. Factors Conducive to Development of the Fertilizer Industry (Opportunities):
* The Government raised comprehensive subsidy from 63.8 billion yuan in 2008 to 71.6 billion yuan in 2009 for agricultural raw materials in order to support agricultural development;
* Fertilizer price fell significantly from same period last year, and the substantial growth of the ratio between grain and fertilizer is conducive to mobilize farmers to purchase more fertilizer;
* As the largest producer of coal in the world, China has abundant supply of coal and natural gas, and global surplus of sulphur provides affluent raw material for domestic fertilizer production.
3. Negative Factors to the Development of the Fertilizer Industry (Threats):
* The growth of grain production in 2008 was faster than previous estimate, and the slowing down of the growth of grain production in 2009 would result to slowing down of the growth of fertilizer demand;
* The growth of fertilizer production is faster than the growth of consumption, hence there is threat from climbing stock;
* Threat of insufficient raw material supply due to reduction of production of pyrite and phosphorus ore;
Threat of resource waste and abandoning of outdated capacity due to surplus production capacity of fertilizer;
* Decline of growth of fertilizer sales revenue from same period last year;
* Falling of gross profit margin due to decline of fertilizer price and slowing down of growth of total profit.
4. Potash fertilizer among the fertilizers enjoys the best prosperity index, and as the domestic largest producer of potash fertilizer, Qinghai Salt Lake Potash Co., Ltd. witnesses around 70% of gross profit and enjoys a bright prospect.
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2 – 1950’s CANNING Books Cookbooks KERR & AGRICULTURE $3.99 |
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1930 Furry Friends US Dept of Agriculture Picture Book $14.99 |
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Agriculture Book Making Ontario Canada by J. David Wood $29.95 |
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Agriculture Book Making the Corn Belt by John C. Hudson $39.95 |
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Hand-Book of Indian Agriculture NEW by Nitya Gopal Muke $96.84 |
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That We May Live (Book) Dept. of Agriculture, 1966 $3.99 |
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Mechanics in Agriculture, Lloyd J. Phipps, Good Book $8.99 |
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On Agriculture, I: Books 1-4 NEW by Columella $40.19 |
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1949 TREES THE Yearbook of Agriculture Department book $3.99 |
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1900 US Department of Agriculture PLANT DISEASE BOOK $14.99 |
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Elements of Agriculture; A Book for Young Farmers NEW $26.95 |
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Old Vintage 1939 USDA Yearbook of Agriculture Farm Book $15.00 |
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New Elementary Agriculture; An Elementary Text Book Dea $33.80 |
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Text-Book of Scientific Agriculture; With Practical Ded $58.92 |
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1918 THRESHER’S RECORD BOOK U.S.Dept.Agriculture ,D.C. $24.99 |
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Text-Book of Tropical Agriculture NEW by Henry Alfred A $35.17 |
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Book- Contours of Change Agriculture Yearbook 1970 $6.99 |
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Book- Landscape for Living Yearbook of Agriculture 1972 $6.99 |
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Nov 75 Farming Ranching farm agriculture book magazine $1.99 |
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Drip Irrigation Design Agriculture 1976 HC DJ Book NICE $24.99 |
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STATE FORESTS ~ 1940 US Dept of Agriculture Book $4.00 |
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Fertilizers 1907 Farming Agriculture Book Voorhees $15.00 |
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U.S. DEPT OF AGRICULTURE FARM RECORD BOOK- MINT $3.00 |
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ANTIQUE 1926 BOOK USA YEARBOOK of AGRICULTURE $9.99 |
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Vintage 1939 Food & Life US Dept Agriculture Year book $4.99 |
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Western Fertilizer Book Agriculture Soil California Old $33.99 |
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1889 THE CONN. AGRICULTURE EXPERIMENT STATION BOOK $2.99 |
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1886 SOUTHERN CALIFORNIA HISTORY AGRICULTURE BOOK FARM $55.00 |
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1923 ELEMENTARY AGRICULTURE BOOK, HENRY WATERS $5.00 |
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Practical Agriculture Book 1903 Charles C James $24.99 |
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Sao Paulo Agricola, 1981-82 Sao Paulo–Agriculture Book $24.99 |
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1892 Book on Agriculture in New York * $60.75 |
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Vintage Book Harmful Insects Agriculture 1862 Harris $14.00 |
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